Upbit To Temporarily Halt POL And GMT Transactions Ahead Of Polygon Hard Fork

XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-

The post Upbit Postpones IRYS Listing By 30 Minutes appeared on BitcoinEthereumNews.com. South Korean cryptocurrency exchange Upbit has announced a brief delay in the listing of Iris (IRYS). The start of trading, which was originally scheduled for 11:00 a.m. UTC today, has been pushed back to 11:30 a.m. UTC. Revised Trading Schedule The delay, confirmed via an official notice on Upbit’s platform, is a 30-minute postponement. While the exchange did not immediately provide a specific reason for the change, such adjustments are not uncommon during the initial listing process, often related to final technical checks or order book preparation. Traders who had prepared for the original time are advised to adjust their strategies accordingly. What This Means for Traders For those looking to trade IRYS, the key takeaway is the updated timeline. The delay is short, but it can impact short-term trading plans, especially for those using automated bots or aiming to be among the first to execute tr

The post Bithumb To Halt POL Deposits And Withdrawals For Network Upgrade On May 21 appeared on BitcoinEthereumNews.com. Bithumb To Halt POL Deposits And Withdrawals For Network Upgrade On May 21 Skip to content Home Crypto News Bithumb to Halt POL Deposits and Withdrawals for Network Upgrade on May 21 Source: https://bitcoinworld.co.in/bithumb-suspend-pol-deposits-withdrawals-network-upgrade/

The purchase makes Hana Financial the fourth-largest shareholder in Dunamu, following several crypto-related deals in the last two months, as it dives deeper into the digital assets sector.

The post XRP Tops on Upbit as South Korea’s “Big 4” to Acquire $670M Stake in Dunamu appeared on BitcoinEthereumNews.com. Hana Financial Group on Friday said it will acquire a 1 trillion won ($670 million) stake in Dunamu, operator of South Korea’s largest crypto exchange Upbit, through its subsidiary Hana Bank, South Korea’s “Big 4” bank. XRP surpasses BTC in trading volume on XRP Upbit amid the major announcement. South Korea’s Hana Bank to Buy $670 Million Stake in Upbit Operator Dunamu South Korea’s Hana Financial Group on May 15 decided to buy a stake in the country’s top crypto exchange operator Dunamu for 1 trillion won ($670 million). It marks the largest-ever investment by a bank into a crypto exchange operator. On the same day, Hana Bank’s board of directors resolved to acquire 2,284,000 shares of Dunamu held by Kakao Investment. With the acquisition, Hana Bank will secure its position as the fourth-largest shareholder with a 6.55% stake in Dunamu. “This equity investment is

Hana Bank will buy a $670M Dunamu stake, becoming Upbit parent’s fourth-largest holder as Korea’s crypto rules and Naver deal shift in 2026.

The deal signifies a pivotal shift in South Korea's financial landscape, highlighting increased institutional acceptance of digital assets. The post Upbit operator Dunamu lands Hana Bank as fourth-largest shareholder in $670 million deal appeared first on Crypto Briefing.

The post Richard Socher Raises $650M For Recursive Superintelligence: AI That Improves Itself appeared on BitcoinEthereumNews.com. Richard Socher Raises $650M For Recursive Superintelligence: AI That Improves Itself Skip to content Home AI News Richard Socher Raises $650M for Recursive Superintelligence: AI That Improves Itself Source: https://bitcoinworld.co.in/richard-socher-recursive-superintelligence-650m-funding/